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this post was submitted on 01 Jan 0001
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Yeah anytime the US "subsidizes" something in the local auto market, GM alone eats it up in 5 seconds and pretends they did something with it. Sometimes Ford and Chrysler also get a share.
I'm pretty sure they already recently gave funding to GM for EVs which will go absolutely nowhere because all their major sales are from regular gasoline cars.
I was even hopeful of Ford's hybrid Fusion, but they killed that one too because money.
If they really want to make some serious competition, they should break up the oligopoly of car OEMs. But they never did and never will.
This exact scenario already played out with Japanese OEMs decades ago. They brought a superior product to the market, and instead of competing, they just lobbied congress to make a crap ton of stupid import laws to prevent Japanese cars from taking the market.
Then they had a weird era of those hybrid car brands where the big 3 made partnerships with Nissan, Toyota, etc for tech sharing because they couldn't even properly R&D for crap.
Then Nissan, Toyota, Honda, and Subaru opened plants inside the USA to bypass the import stuff, and here we are today.
The only difference this time is instead of what was generally perceived as an economic ally, the new kid on the block is the next enemy after Russia. And tbh not even a major threat type of enemy.
Brother the American industry apocalypse after China invades Taiwan and TSMC is torched will make the economic impacts of the rona look like a tea party.
Wait, why is our largest trading partner our enemy, again?
Washington can't fathom not running their monopoly on every global market lol.
China is supposed to be a dirty 3rd world outsource nation, not a competitor. They should do as told instead of actually investing in their country's infrastructure /s.
Oh fuck, its the trains, isn't it? We are their enemy because they built trains. Its the same reason we tanked Japan's economy in the 90s.